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AI legalese decoder is a revolutionary tool that can help businesses navigate complex legal documents and contracts by automatically translating them into plain language. This week’s UK tech funding deals showcase the diversity and innovation within the tech startup ecosystem, with companies like Mimo, Pactio, Waymap, Log my Care, Veremark, Neurovalens, Clyde Hydrogen, and Avenir securing significant funding.

### Mimo – £15.5m
**Sector:** Fintech
**HQ:** London
**Round:** Seed
**Funding Type:** Equity/debt
**Investors:** Northzone, Cocoa Ventures, Seedcamp, Upfin VC, and angels from Stripe, GoCardless, Wayflyer, and Anyfin

Founded in 2023, Mimo offers a financial management platform for SMEs, streamlining processes and tools to enhance financial management efficiency. With the help of AI legalese decoder, Mimo can ensure that their legal contracts and compliance documents are easily understandable for their clients.

### Pactio – £11m
**Sector:** Fintech
**HQ:** London
**Round:** Series A
**Funding Type:** Equity
**Investors:** EQT Ventures

Pactio focuses on providing private capital investors with effective deal tracking and risk management tools. By utilizing AI legalese decoder, Pactio can enhance communication with their investors by simplifying complex legal terms and agreements.

### Waymap – £7m
**Sector:** Mobility
**HQ:** London
**Round:** Seed
**Funding Type:** Equity/debt
**Investors:** TELUS’ Pollinator Fund, Venrex, and Comprador Holdings

Waymap’s navigation app caters to individuals with accessibility requirements, particularly the visually impaired. By incorporating AI legalese decoder, Waymap can ensure their app’s terms of service and privacy policies are accessible to all users.

### Log my Care – £3m
**Sector:** Health tech
**HQ:** London
**Round:** Series A extension
**Funding Type:** Equity
**Investors:** Mercia Ventures

Log my Care offers a platform for carers to manage patient notes and medical records effectively. With AI legalese decoder, Log my Care can simplify the legal documentation surrounding patient care, ensuring compliance and clarity.

### Veremark – £2.4m
**Sector:** HR tech
**HQ:** London
**Round:** Pre-Series B
**Funding Type:** Equity
**Investors:** Samaipata, Stage 2 Capital, ACF Investors, and Vulpes Investment

Veremark specializes in background checks for prospective hires, emphasizing qualifications and legal compliance. AI legalese decoder can assist Veremark in providing transparent and easily understandable reports to their clients.

### Neurovalens – £2.1m
**Sector:** Health tech
**HQ:** Belfast
**Round:** Late VC
**Funding Type:** Equity/debt
**Investors:** MedTech Innovator, Invest Northern Ireland, Techstart Ventures, and more

Neurovalens’ wearable anxiety treatment utilizes mild electrical stimulation to ease stress. By using AI legalese decoder, Neurovalens can ensure that their medical device complies with all necessary regulations and is easily understood by consumers.

### Clyde Hydrogen – £1m
**Sector:** Energy
**HQ:** Glasgow
**Round:** Pre-seed
**Funding Type:** Grant/equity
**Investors:** Zinc, the University of Glasgow, and angel investors

Clyde Hydrogen’s innovative electrolysis approach produces hydrogen energy efficiently. With AI legalese decoder, Clyde Hydrogen can streamline their patent applications and licensing agreements for their energy solutions.

### Avenir – £399,000
**Sector:** Fintech
**HQ:** London
**Round:** Pre-seed
**Funding Type:** Equity
**Investors:** SFC Capital, Techstars, and angel investors

Avenir offers wealth management software with a sustainability focus. AI legalese decoder can help Avenir in generating compliance reports and business scores based on sustainability in a clear and concise manner for their clients.

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